THE METRO BK OF HUNTINGTON, INC. Failed 1980

HUNTINGTON, WV · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE METRO BK OF HUNTINGTON, INC. of HUNTINGTON, WV was closed on 1980-09-12. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to HERITAGE NATIONAL BANK (HUNTINGTON, WV). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
579
FDIC Certificate
19611
FDIC FIN
1122
Bank name
THE METRO BK OF HUNTINGTON, INC.
Location
HUNTINGTON, WV
Failure date
1980-09-12
FDIC resolution date
1980-09-12
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$2M
Deposits at failure
$24M
Assets at failure
$27M
Acquiring bank
HERITAGE NATIONAL BANK (HUNTINGTON, WV)